Shares of WH Smith plunged by nearly 40% on Thursday after the travel retailer revealed it had overstated earnings at its North American division, forcing a steep downgrade…
Shares of beauty giant Coty fell more than 21% in premarket trading on Thursday after the CoverGirl and Gucci fragrances owner projected a steep sales decline for the…
The US Department of Labor came out with its weekly unemployment numbers on Thursday. New claims went up by 11,000 to 235,000 for the week ending August 16,…
Investors have been bailing on AI stocks in recent sessions over mounting concerns that a bubble is forming in that segment of the market.Even high-profile names like Sam…
Despite heightened volatility stemming from US President Donald Trump’s tariff hikes and renewed concerns over the enforcement of the Magnitsky Act in Brazil, trading in American Depositary Receipts…
Nio Inc (NYSE: NIO) has been in a sharp uptrend over the past four months but a senior Morgan Stanley analyst believes the EV stock could still rip…
The rapid rise of generative artificial intelligence is fuelling an emerging mental health worry: “AI psychosis.” Microsoft’s head of AI, Mustafa Suleyman, said he is increasingly troubled by…
Boeing’s shares edged higher on Thursday after reports that the company might sell up to 500 planes to China. The shares started the day around $225.50 and ticked…
A New York appeals court on Thursday overturned a $464 million fraud penalty against US President Donald Trump and his company, handing him a significant legal and financial…